*socaltech.com <http://socaltech.com> TechNews - Monday, February 14, 2022* Edited by Benjamin F. Kuo ISSN: 1524-6736 http://www.socaltech.com/News <https://www.socaltech.com/News> ------------------------------
*Sponsored By * Pacific Western Bank, Venture Banking Group (http://www.pacwest.com/lending-solutions/venture-lending) Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG ------------------------------ *Headlines * - Snapchat To Provide Revenue Sharing For Snap Stars <#0082191> - Energy Vault Holdings Hits NYSE <#0082187> - System1, Owner of MapQuest, Buys RoadWarrior <#0082189> - Silent Arrow Selected For DoD Contract <#0082190> - SDG&E Approves Three New Energy Storage Facilities <#0082188> - Odys Aviation Lands $12.4M For Flying Cars <#0082186> *Marketplace* - Listen to Tech vs. Media from Richard Wolpert <#ad781> - KPMG QuantumShift Program: Join an exclusive group of elite entrepreneurs <#ad778> - Stradling <#ad608> - IP Protection for Technology and Business - SoCal IP Law Group LLP <#ad750> *Monday, February 14, 2022* *Accelerating Growth For Early Stage Innovation. <http://www.preccelerator.com>* The Preccelerator® Program is an accelerator for early-stage startups offered to select companies out of the Santa Monica office of Stubbs Alderton & Markiles, LLP that provides initial capital, sophisticated legal services, interim office space, mentorship, a targeted curriculum, investment strategy counseling and access to a strategic perks portfolio with the objective of helping you grow your idea from business concept to funded startup. www.preccelerator.com *Snapchat To Provide Revenue Sharing For Snap Stars* <https://www.socaltech.com/fullstory/0082191.html> Venice, California-based social networking app developer *Snapchat <https://www.snapchat.com>* said today that it will start sharing ad revenue with its "Snap Stars", the program it runs with its most popular creators. According to Snap, it will share revenue raised through mid-roll advertisements in snapchat stories. The percentage of revenue going to the creators was not announced by Snap.(More... <https://www.socaltech.com/fullstory/0082191.html>) *Energy Vault Holdings Hits NYSE* <https://www.socaltech.com/fullstory/0082187.html> Westlake Village-based energy storage technology developer Energy Vault has hit the NYSE, saying this morning that it has begun trading on the stock exchange following a business combination with Novus Capital Corporation II. The company--spawned out of Idealab--is developing gravity-based energy storage system that involve storing potential energy in large, heavy cement, soil, coal ash and other heavy block modules, suspended by cranes. ( More... <https://www.socaltech.com/fullstory/0082187.html>) *System1, Owner of MapQuest, Buys RoadWarrior* <https://www.socaltech.com/fullstory/0082189.html> Marina Del Rey-based *System1 <https://www.system1.com>*, which owns consumer mapping service *MapQuest <https://www.mapquest.com>*, says it has acquired *RoadWarrior*, a subscription app which provides route planning tools for "gig economy" drivers. Financial terms of the acquisition were not announced. According to System1, it will enhance RoadWarrior's product, by using its B2B APIs and its own route planning tools to a new, premium subscription product.(More... <https://www.socaltech.com/fullstory/0082189.html>) *Silent Arrow Selected For DoD Contract* <https://www.socaltech.com/fullstory/0082190.html> Los Angeles-based ,a href="https://www.silent-arrow.com";>Silent Arrow, which is developing unmanned, cargo delivery aircraft systems, which pilot large payloads to the ground after being dropped from C-130 aircraft, says it has been selected for a U.S. Department of Defensse (DoD) program. According to the company it is part of a $2.2 million program through a Warfighter Lab Incentive Fund (WLIF) contract. (More... <https://www.socaltech.com/fullstory/0082190.html>) *SDG&E Approves Three New Energy Storage Facilities* <https://www.socaltech.com/fullstory/0082188.html> Public utility provider San Diego Gas & Electric (SDG&E) says it has gained approval to build three new, energy storage facilities, with enough capacity to meet the energy eneds of more than 100,000 homes for four hours. The company said the new facilities have a total capacity of 161MW/644MWh, and will be used to provide the state with greater capacity to meet high energy demand on summer days and at night after solar power dissipates. (More... <https://www.socaltech.com/fullstory/0082188.html>) *Odys Aviation Lands $12.4M For Flying Cars* <https://www.socaltech.com/fullstory/0082186.html> Long Beach-based Odys Aviation--which says it is not just building "another flying car"--says it has raised $12.4M in a seed funding round, from Giant Ventures, Soma Capital, 11.2 Capital, Countdown Capital, Uber Elevate co-founder Nikhil Goel and Cruise Automation founder Kyle Vogt. The company said it is developing a "hybrid-electric vertical takeoff and landing (VTOL) aircraft for regional mobility". (More... <https://www.socaltech.com/fullstory/0082186.html>) *Listen to Tech vs. Media from Richard Wolpert <https://link.chtbl.com/aKC6DpJG>* CurtCo Media Launches its Newest Podcast: Tech vs Media, Hosted by Longtime Tech and Entertainment Veteran, Richard Wolpert (Apple, Disney, RealNetworks, 4x CEO). On Tech vs Media , Richard shares the amazing lessons learned on past, present, and predictions of the future of media and technology, and how these two categories have and will continue to converge or clash. Having been on both sides of the technology and media industries for over 35 years, Richard has learned the good, the bad, and the ugly. This show shares some of the best thinkers and leaders of entertainment and technology so you too can learn some of the lessons it has taken him 35 years to learn. Every episode features a C-Level guest from the fields of entertainment and media who will share their personal insights, state of the industries today, and predictions for the future for these rapidly changing fields. https://link.chtbl.com/aKC6DpJG *KPMG QuantumShift Program: Join an exclusive group of elite entrepreneurs <https://info.kpmg.us/quantumshift.html>* SHIFT TO A NEW LEVEL OF SUCCESS Welcoming America’s most innovative and promising CEOs to the University of Michigan’s campus in Ann Arbor for a five-day (May 1-6, 2022) learning and peer-to-peer networking experience. QuantumShift is led by faculty from the Stephen M. Ross School of Business and aims to help entrepreneurs improve their leadership approach, inspire their people, and maximize their growth opportunities. Interested in joining the class of 2022? Please apply here: https://info.kpmg.us/quantumshift.html *Stradling <http://www.sycr.com>* Stradling, Attorneys At Law ( href="http://www.sycr.com";>http://www.sycr.com ) For more than 40 years top companies and municipalities have counted on Stradling to have the right team and skills to meet their toughest challenges 24/7, 365 days a year. *IP Protection for Technology and Business - SoCal IP Law Group LLP <http://www.socalip.com>* Patents. Trademarks. Copyrights. Trade Secrets. IP Filings. IP Strategy. IP Litigation. IP Transactions. US and Worldwide. Offices in Westlake Village and Santa Barbara. [email protected] www.socalip.com ------------------------------ *Recent Funding <#funding>* 2/11/22 Sekr <https://www.socaltech.com/intelligence/?action=showdeal&id=103205> San Diego $2.25 M 2/09/22 Happy Money <https://www.socaltech.com/intelligence/?action=showdeal&id=103203> Tustin $50.00 M 2/09/22 Complyant <https://www.socaltech.com/intelligence/?action=showdeal&id=103204> Los Angeles $5.50 M 2/03/22 Platform Science, Inc. <https://www.socaltech.com/intelligence/?action=showdeal&id=103202> San Diego $115.00 M 1/27/22 Matters Lab <https://www.socaltech.com/intelligence/?action=showdeal&id=103201> Los Angeles $2.00 M 1/13/22 Masters <https://www.socaltech.com/intelligence/?action=showdeal&id=103199> Los Angeles $2.70 M 1/13/22 HeyRenee <https://www.socaltech.com/intelligence/?action=showdeal&id=103200> Los Angeles $4.40 M 1/12/22 Jaanuu <https://www.socaltech.com/intelligence/?action=showdeal&id=103198> El Segundo $75.00 M 1/04/22 Liquid Death <https://www.socaltech.com/intelligence/?action=showdeal&id=103197> Santa Monica $75.00 M 12/17/21 Elementary Robotics <https://www.socaltech.com/intelligence/?action=showdeal&id=103196> Los Angeles $30.00 M 12/16/21 AvantStay <https://www.socaltech.com/intelligence/?action=showdeal&id=103195> Los Angeles $160.00 M 12/01/21 Ember Technologies <https://www.socaltech.com/intelligence/?action=showdeal&id=103194> Westlake Village $23.50 M 11/29/21 Ablaze Pharmaceuticals <https://www.socaltech.com/intelligence/?action=showdeal&id=103193> San Diego $75.00 M 11/18/21 Machina Labs <https://www.socaltech.com/intelligence/?action=showdeal&id=103192> Los Angeles $16.30 M ------------------------------ *Upcoming Events* Submit your events at least two weeks in advance to: http://www.socaltech.com/submitevent.html ------------------------------ *Recent Job Postings * More jobs at http://www.socaltech.com/Jobs ------------------------------ ------------------------------ *Sponsored By * Stubbs Alderton Markiles, LLP (http://www.stubbsalderton.com). Business. Technology. Law. Vision. KPMG (http://home.kpmg/us/en/home/about/offices/los-angeles-1.html) Level up with KPMG Email [email protected] for more information about sponsoring this newsletter. ------------------------------ You are receiving this email because you subscribed to the socalTECH.com TechNews from our web site, or otherwise requested a subscription. If you do not want to receive this newsletter go to: http://listserv.socaltech.com/mailman/listinfo/socaltech or email us at [email protected] ------------------------------ Legal Notices ---- While SOCALTECH LLC has used its best efforts in collecting and preparing the information published herein, SOCALTECH LLC does not assume, and hereby disclaims, any liability for any loss or damage caused by errors or omissions, whether such errors or omissions resulted from negligence, accident or other causes. All contents Copyright (c) 2017 SOCALTECH LLC. 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